Just like bad credit, having a credit card when you have fair credit does not mean a financial death sentence. There are options for consumers who have issues getting their credit scores where it needs to be. Although you will not have the best cards with the best rewards, try not to count yourself out too soon. Some of the best credit cards for fair credit are on the market waiting for you.
What is Fair Credit?
Fair credit means that you have not quite bad credit, in which you’re extremely limited in the credit cards you can have, and then you’re not quite where you need to be to have excellent credit, just yet. More than likely, if you have fair credit, your score can anywhere from 630 to 639. But there are different credit cards that will help you on your way to getting a better FICO score.
Capital is often very generous when it comes to dishing out credit cards for consumers with fair credit. The Capital One Quicksilver One Credit Card also ranks as one of the best credit cards for fair credit. It has great rewards, and also claims the title as one of the most accessible credit cards for fair credit. Earn unlimited 1.5% cash back on all purchases and redeem those cash back rewards at any time. 0% APR is what we always love, however, this is only the introductory rate. The only drawbacks we’ve seen so far is the high interest rate, after the introductory 0% APR and the annual fee.
BarclayCard Offers Some of The Best Credit Cards for Fair Credit
The BarclayCard Rewards MasterCard for Average Credit is one of this year’s choice credit cards for consumers who are in the average credit range. Consumers who own the BarclayCard Rewards MasterCard can take advantage of the bonus rewards system. Earn 2,500 bonus points after just one purchase of balance transfer. In addition to this, cardholders will earn 2 points for each dollar spent on gas, utilities and groceries. Like so many other cards, it comes with an introductory 0% APR period for 6 months. We can’t complain when introductory interest rates are so low. And, to add a little more to this sweet deal, there is no annual fee. This means that cardholders and consumers can enjoy the ability to build their credit up to earn excellent scores, all while getting something sweet in return.
Fair credit, although better than bad or no credit, can leave consumers feeling as if there is not much out there. Never fear, however, there are credit cards that are both generous with rewards and will help consumers to get back on track with their FICO and credit scores. Consumers no longer have to suffer through the setbacks of having just fair credit. So, don’t be afraid to invest in some of the best credit cards for fair credit.
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